Taxes News
North Carolina sees less individual income tax revenue in Q3 2024
The third quarter of 2024 brought in $3.8 billion in individual income tax revenue for North Carolina, an 18.8% decrease from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
North Carolina's license tax revenue down 1.4% in Q2 compared to same quarter of the previous year
North Carolina collected $768 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.